The acquisition of Playtika by the Shanghai Giant Network Technology for US$4.4bn shows that the social gaming sector is a serious, cash generative business. But the deal also has repercussions for the sector as a whole, writes Joanne Chrisite.
Joe Witterschein of Tribal Gaming Services & Advisory Group digs down into the reasons why free-play isn’t delivering what it is supposed to for many tribal casinos and provides advice on how they can turn things around.
Matthew Tripp, founder and chief executive of Australian online betting website Crownbet, said that the company is set to achieve profit this year, despite having suffered losses in the latter part of 2015.
The transition from Facebook/web to mobile continued to shape publisher fortunes in Q4 of 2015, writes Adam Krejcik from Eilers & Krejcik Gaming, with performances boosting full-year estimated global revenues by 19% to US$3.3bn.
The Pechanga Development Corporation, the board that manages the Pechanga Resort & Casino in the US state of California, has entered into a partnership with social casino games publisher Ruby Seven Studios.